Atkore Q2 Earnings Call Highlights

1 hour ago 2

MarketBeat

Tue, May 5, 2026 astatine 7:50 AM CDT 8 min read

Atkore logo

Key Points

Atkore posted sequential betterment successful Q2 with nett income of $731 million, adjusted EBITDA of $81 million and adjusted EPS of $1.23, portion integrated volumes roseate astir 5% year‑over‑year.
The institution took a worldly non‑recurring deed tied to the PVC tube antitrust matter, signaling a $136.5 million pre‑tax liability for settlements of 2 of the 3 classes (payment expected successful Q3), positive different one‑time depreciation and impairment charges.
Management cited beardown request from information centers (described arsenic double‑digit growth) and star supporting mid‑single‑digit integrated growth, and reaffirmed full‑year guidance of $2.9–2.95 billion successful nett sales, $340–360 million successful adjusted EBITDA and $5.05–5.55 successful adjusted EPS.
Interested successful Atkore Inc.? Here are 5 stocks we similar better.

Atkore (NYSE:ATKR) reported sequential betterment successful its fiscal 2026 2nd 4th results, supported by higher volumes, humble terms increases, and ongoing productivity initiatives, portion besides absorbing a large litigation-related complaint tied to the PVC tube antitrust matter.

Quarterly results amusement sequential gains

President and CEO Bill Waltz said the institution was “pleased with our 2nd 4th performance,” highlighting nett income of $731 million, adjusted EBITDA of $81 million, and adjusted EPS of $1.23. Waltz noted each 3 metrics improved sequentially from the archetypal quarter, and that integrated measurement accrued 5% year-over-year with contributions from some the Electrical and Safety & Infrastructure (SNI) segments.

→ Roblox Stock Slides to New Low arsenic Safety Changes Weigh connected Outlook

Chief Financial Officer John Deitzer said adjusted EPS of $1.23 compared with $2.04 successful the prior-year quarter. He besides pointed to a year-over-year emergence successful nett income driven by “increases successful some integrated volumes and mean selling prices,” calling it “the archetypal quarterly summation successful nett income since the 4th fourth of fiscal 2022.”

PVC antitrust settlements and different one-time items impacted GAAP results

Management emphasized that the 4th included respective non-recurring items. Waltz said Atkore entered into agreements to settee two of the 3 putative classes successful the PVC tube antitrust litigation. Deitzer said the institution recorded a pre-tax liability of $136.5 million, reflected arsenic a non-operating disbursal successful 2nd 4th results, and that the institution anticipates making the outgo successful the 3rd quarter.

→ The Real SpaceX Play: 5 Chip Stocks Powering the IPO Before It Launches

Deitzer besides cited costs tied to the company’s strategical actions, including “accelerated plus depreciation astatine the precocious exited manufacturing sites,” on with plus impairments and carrying-value adjustments related to divestitures.

Read Entire Article